Digital Transactions Authoritative, insightful and timely information for payments professionals
- Prepaid card platform Blackhawk Network Holdings Inc. launched its One4All gift card, a single gift card accepted at more than 100 merchants and restaurants. The card is issued by Pathward N.A., a unit of Pathward Financial.
- Matera, a Brazil-based instant payments and QR code payments company, opened an office in San Francisco as it expands to the United States.
- The PCI Security Standards Council released version 1.2 of its PCI Secure Software Standard. This version adds the Web Software Module, a set of supplemental requirements to the standard’s Core Requirement.
- Accubits, a software firm focused on artificial intelligence and blockchain, has agreed to join forces with Sila Inc., a payments-infrastructure fintech, to offer services to their combined client base.
- In related news, Balance, which claims to offer the first online checkout created for business-to-business transactions, has agreed to support payments technology from MarketTime, a provider of B2B e-commerce platforms.
- Payments provider Veem has partnered with Finastra, a financial-services software provider, to offer technology to financial institutions that supports payments for small and medium-size businesses.
- The international payments provider Paysafe Ltd. announced a reverse stock split effective Dec. 12. With the move, each set of 12 Paysafe common shares outstanding on the effective date will be combined automatically into one common share.
- Former Federal Trade Commission chair Deborah Platt Majoras has joined American Express Co.’s board of directors. Majoras served for 12 years as chief legal officer and corporate secretary at Procter & Gamble Co. until her retirement earlier this year.
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